$HYPE short update 📉


After our entry, the coin pushed slightly higher, but the move was quickly rejected around the $70 area.


Now price has started to roll over, and I think this could be the beginning of the next leg down.

HYPE
HYPEUSDT
72.6
+7.17%


That’s why I’m continuing to hold my short position. Targets remain unchanged:

‱ $58

‱ $55


I’m staying bearish and looking for further downside continuation.